residual value would be $\backslash (\backslash$$ $1,700\backslash ).$ The van traveled $32,000$ miles the first year, $21,000$ miles the second year, $20,000$ miles the third year, and $19,500$ miles in the fourth year. Read the requirements. Requirement $1.$ Prepare a schedule of depreciation expense per year for the van under the three depreciation methods. Prepare a schedule of depreciation expense per year for the van under the straight$-$line method. $($Complete all input fields. Enter a $0$ for any zero balances.$)$ Year Straight$-$Line $2024$ Requirements $202520262027$ Total $1.$ Prepare a schedule of depreciation expense per year for the van under the three depreciation methods. $($For units$-$of$-$production and double$-$declining$-$balance methods, round to the nearest two decimal places after each step of the calculation.$)2.$ Which method best tracks the wear and tear on the van? $3.$ Which method would Big City prefer to use for income tax purposes? Explain your reasoning in detail.